Same as market mechanism.
Related information about price system:
- Price system - Wikipedia, the free encyclopedia
In economics, a price system is any economic system that affects its distribution of goods and services with prices and employing any form of money. Except for ...
- Free price system - Wikipedia, the free encyclopedia
A free price system or free price mechanism (informally called the price system or the price mechanism) is an economic system where prices are set by the ...
- price system (economics) -- Britannica Online Encyclopedia
A means of organizing economic activity. It does this primarily by coordinating the decisions of consumers, producers, and owners of productive resources.
- In Economics, What Is a Price System?
A price system is a type of economic system that regulates the production and consumption of goods by determining their monetary...
- The Price System: Rationing and Allocating Resources
We know that the interaction of supply and demand in a market system creates prices for the goods and services exchanged. Prices perform two major roles in ...
- The Engineers and the Price System: Thorstein Veblen - Amazon.com
Thorstein Veblen (1857-1929) was perhaps the most famous American economist and social critic of his time. He taught at the universities of Chicago and ...
- Price System Works
It is solved precisely through the price system. It is solved through the constantly changing interrelationships of costs of production, prices and profits. Prices are ...
- The Engineers and the Price System
organized on the price system cannot be maintained without a salutary use .... past, under the routine requirements of the price system as it takes effect in ...